Senior Forecasting Modeller

Our Capital, Impairments & Forecasting Team

Our Capital, Impairments & Forecasting team (CIF) sits at the intersection of our Borrowing and Finance collectives, responsible for developing, executing and managing the models used to calculate IFRS 9 ECL, and credit risk capital through the annual ICAAP. We work alongside our first line credit teams who design the products, decide who to lend to, set underwriting policy, identify customers who need help, manage the portfolio and report and measure credit risk.

Roles & Responsibilities

Within CIF, we are scaling up our Forecasting modelling and execution team to support the rapid growth and evolution of our portfolio. This role is pivotal for the team as the successful candidate will help develop and further enhance our suite of forecasting and stress testing models across both well established and emerging products. Additionally the successful individual will have a key role in executing these models across high profile budgeting and stress testing exercises and building up our toolkit to quantify the impact of various strategic decisions for senior management.

Required Skills & Experience

Strong data and analytical skills are a must, as is experience in credit risk modelling. Prior experience developing credit risk forecasting models is desirable, but relevant model development / validation experience in IRB modelling, IFRS9 or scorecard models will also be considered. Experience as a "model user" of forecasting models in the context of budgeting or stress testing would be helpful but is not required.

Technical Proficiency

• Python for data science and predictive modelling, model implementation and data visualisation (via streamlit)
• Github for version control
• Assist with continuous improvement of forecasting models via new developments or recalibrations
• Construction of grounded overlays, where required, to quantify effects of future strategy changes or address known model limitations
• Furthering the development and execution of forecast model monitoring to inform an effective prioritisation of model improvements
• Presenting forecast model results to senior management
• Close collaboration with portfolio strategy, model validation, finance and external audit teams

What We're Looking For

• Background in forecast modelling or execution
• Relevant experience in the development and implementation of credit models (e.g. IFRS9 / Forecasting / IRB)
• Strong analytical skills and a track record of using these to deliver technical projects
• Solid technical toolkit. SQL and Python are our desired coding languages but experience in SAS/R will be considered. A data visualisation tool (e.g Streamlit or Looker) is a plus
• Ability to convey problems and solutions using clear and simple language, both written and verbal
• Impact driven and eager to have a real positive impact on the company, our products, our users and your teammates
• Self starter mindset; proactively identify issues and opportunities and tackle them without being told to do so
• Team player whom colleagues can rely on

Interview Process

• Initial call with a member of the Forecasting team
• Values and collaboration behavioural interview
• A live case study problem solving interview

Our average process takes around 3-4 weeks but we will always work around your availability.

Benefits & Compensation

£78,000 to £95,000 plus incentive awards tied to your performance.

London (one to two days a week). We can help you relocate to the UK and sponsor visas. We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.

Learning budget of £1,000 a year for books, training courses and conferences.

And more, see our full list of benefits here.

Equal Opportunity Employer

We are an equal opportunity employer. We legally have to verify your Right to Work in the UK before you can start working for us. We keep your data safe.